Analyst and Investor Site Vis

RNS Number : 7812T

Mears Group PLC

12 June 2009

 



12 June 2009

Mears Group PLC

('Mears' or 'the Group')

Analyst and Investor Site Visit and Presentation

Mears is hosting a site visit and presentation for analysts and investors today at Mears Peterborough, the Group's operational centre for its partnership with Cross Keys Homes which manages 10,000 homes across Peterborough providing a broad range of affordable rented properties for single people, families and older people.  

Mears will be presenting on its Social Housing and Domiciliary Care divisions and the markets in which they operate. No new material information will be provided.

Mears is sole partner provider to Cross Keys Homes from its co-location operations in Peterborough providing all housing related activities including:

• 30,000 repairs, 900 voids, 8000+ safety checks per year) - c.£15m annual spend

• Joint community projects (infrastructure, enablement, participation)

• Joint environmental projects

• Training academy for local employment

About Mears         www.mearsgroup.co.uk

Mears is a leading social housing repairs and maintenance service provider to Local Authorities and Registered Social Housing Landlords in the UK and has a growing presence in the domiciliary care market, providing personal care services to people in their own homes delivered as part of outsourcing arrangements with Local Authorities.

Mears employs in excess of 8,000 people and provides maintenance and repairs services to 500,000 homes nationwide. Mears also provides over 85,000 hours of domiciliary care to 13,000 service users each week.

Enquiries:
Mears Group PLC
Andrew Smith, Finance Director	Tel: [phone]
Joint Broker - Investec
Keith Anderson/Daniel Adams	Tel: [phone]
Joint Broker - Collins Stewart
Mark Dickenson/Piers Coombs	Tel: [phone]
IR - Mears Group
John Bick	Tel: [phone]

 

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